Tokyo’s Nikkei closes up on weak yen

Pedestrians walk past a stock indicator showing stock prices of Japanese companies listed on the Tokyo Stock Exchange in Tokyo on May 11, 2018. Tokyo stocks leapt on May 11, led by rallies in high-tech shares, after Wall Street gains outweighed concern about geopolitical risk over US plans to open an embassy in Jerusalem next […]

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Tokyo stocks rise on weak yen

Tokyo stocks closed higher Friday as a cheaper yen gave a boost to exporters but traders said they would be keeping a close eye on geopolitics in the coming days. The benchmark Nikkei 225 index gained 0.40 percent, or 91.99 points, to 22,930.36, marking a weekly gain of 0.76 percent. The broader Topix index was […]

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SIGMA Pensions name Collier as chairman

Pension The Board of Sigma Pensions also announced the appointment of Mr. Mark Collier as the new Independent Non-Executive Chairman following the retirement of the previous Chairman, Alhaji Rasaki Oladejo who held this position since 2005. Collier’s appointment has come at a time of the implementation of the organisation’s strategic business objective for 2020, which […]

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NCDMB pledges support for Kabelmetal’s venture into oil and gas

Executive Secretary, Simbi Wabote of NCDMB The extension of Kabelmetal Nigeria Plc’s (a Nexans affiliated company) new capacity to manufacture shipboard cables and umbilicals for the offshore market has received commendations by the Nigeria Content Development Monitoring Board (NCDMB), as it pledged support to boost local ability in the petroleum industry. The Board’s Executive Secretary, […]

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